Bitcoin eliminated approximately $240 million in liquidations following volatile price movement between $111,000 and $117,000. The sharp fluctuation cleared overleveraged long and short positions, reducing open interest. The asset now trades between $113,000 and $114,000, with technical indicators showing neutral momentum as the market resets from derivative-driven volatility.

Bitcoin faces a decisive price corridor between $111,000 and $117,000, where concentrated supply clusters define current market dynamics, according to Glassnode data. The lower boundary represents accumulation during recent declines, while the upper level marks purchases near the all-time high. These zones create distinct support and resistance levels that may determine the next major directional move.

The U.S. Federal Reserve is widely expected to reduce rates by 25 basis points when the FOMC concludes its meeting today, with market data showing a 99.4% probability of the cut. Fed Chair Jerome Powell will hold a press conference at 2:30 PM ET, where investors will seek clarity on the pace of future easing and its implications for Bitcoin, Ethereum, and other risk assets.

Sequans Communications transferred 970 Bitcoin valued at approximately $111 million to Coinbase, data show. The move marks the semiconductor firm's first significant outbound transaction since launching its Bitcoin treasury strategy in July. The company retains 2,264 BTC worth around $255 million.

Market analyst VirtualBacon identifies a potential Federal Reserve liquidity policy shift as a critical driver for cryptocurrency markets in 2025. After 18 months of quantitative tightening, the Fed is nearing a pause in balance sheet reduction and may resume liquidity expansion. Historical patterns show similar Fed policy transitions have correlated with altcoin rallies.

Bitcoin declined 1.1% to $112,806 during Asian trading hours as investors reduced risk exposure ahead of the Federal Reserve's policy announcement. Ether dropped 2.1% to $4,016, while Solana fell 3.3% to $194.64. Total cryptocurrency market capitalization declined 1.4% to $3.8 trillion.

Bitcoin traded around $112,500 on October 30 as the Federal Reserve prepared for its policy meeting without recent economic data due to a month-long government shutdown. Markets anticipate a 25-basis-point rate cut despite the absence of official employment reports since August. Technical indicators show consolidation with substantial buy support between $112,300 and $112,550.

Bitwise's Solana ETF generated $56 million in trading volume on its October 28, 2025 debut, outperforming over 850 ETFs launched in 2025, according to Bloomberg ETF analyst Eric Balchunas. Despite the strong institutional reception, SOL traded at $195.41, remaining within a consolidation range between $192 and $197. The token failed to breach the $200 resistance level as technical indicators showed neutral momentum and flattening exponential moving averages.

Bittensor has risen 10.75% over the past 24 hours, nearing the upper boundary of its six-month trading range at $471. The token showed strength following the October 10 market correction, when it closed at $290.7 near the range low of $295. Technical indicators, including the Chaikin Money Flow above +0.05 and the Relative Strength Index at 62, point to sustained bullish momentum toward the $470-$480 zone.

Bitcoin closed above $114,500 on a weekly basis, reclaiming the Short-Term Holder Realized Price near $113,000 for the first time in several weeks. This on-chain metric reflects the average acquisition cost of recent market participants and often marks a critical dividing line between bullish and bearish market phases. The reclaim follows weeks of heavy selling pressure and mixed sentiment.